The global heavy construction equipment market is anticipated to be worth $273.5 billion by 2030, according to a recent report.
One area that is seeing heavy growth is the rental market for heavy construction equipment. The market is expected to reach $145 billion by 2026.
There are many reasons why you might choose to rent heavy construction equipment rather than purchase it outright. Perhaps you only need the equipment for a short-term project. Or maybe you don’t have the storage space for large pieces of equipment.
Whatever your reason, it’s important to understand the process of renting heavy equipment so that you can make the best decision for your needs. We’ll walk you through the steps below
Determine Your Needs
The first step to equipment rentals is to determine your needs. What type of heavy equipment do you need? Do you need it for a short-term or a long-term project? Why do you need the equipment?
If you’re not sure what type of heavy equipment you need, ask the rental company. Tell the company representative more about your project and why you need the equipment. They will help you determine what type of equipment is best for your project.
Determine How Long You Need the Equipment
Construction projects can often be unpredictable. There can be delays due to weather or other unforeseen circumstances. It’s important to have a flexible schedule when renting heavy equipment.
You don’t want to be charged for extra days if you return the equipment early. But, you also don’t want to get stuck without the equipment you need if your project takes longer than expected.
Most heavy equipment rental companies will allow you to rent the equipment for a day, a week, or month. Determine how long you think you’ll need the equipment, and then add an extra day or two just in case.
Check for Discounts
Before you commit to renting heavy equipment, it’s always a good idea to check for discounts and ongoing deals. Many heavy equipment rental companies offer discounts for AAA members, seniors, students, and military personnel.
You can also sometimes find coupons in local publications or online. Be sure to ask about any available discounts when you’re speaking with the heavy equipment rental company representative.
Ask About the Rental Services’ Policies
Be sure to ask about the rental company’s policies and procedures. You must understand their terms and conditions before you sign a contract.
Some important things to ask about include:
- Rental company’s cancellation policy
- Late return policy
- Additional fees
- Delivery and pick-up services
These are just a few of the things to ask about. Be sure to read the rental company’s contract carefully before signing.
Hire a Reliable Company
The heavy equipment rental company you choose will play a big role in how successful your project is. Be sure to hire a reliable and reputable company like Stone Equipment Company. Choose a company that has been in business for many years.
Check the company’s rating with the Better Business Bureau (BBB) before signing any contracts. Also, be sure to ask about the company’s maintenance and repair policies. You want to be sure the equipment is well-maintained and serviced regularly.
Are You Ready to Rent Heavy Equipment for Your Construction Project?
Now that you know everything about heavy equipment rentals, it’s time to get started on your project. Renting the right heavy equipment can make all the difference in the success of your construction project. By taking the time to do some research and ask questions, you can be sure that you’re getting the best possible deal on heavy equipment rentals.
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